Author: arthursheikin@gmail.com

[ad_1] The $9 billion cybersecurity company Tanium is cracking down on its return-to-office policy this year in an unconventional way: it is withholding a form of compensation from those who don’t comply.As of this summer, Tanium employees who violate the RTO policy risk not getting an “equity refresh,” according to three people familiar with the matter. Tanium employees typically receive shares as part of their compensation package when they first join the company, and they may be eligible for an “equity refresh” or additional equity after a specified period of time at the company.While Tanium CEO Dan Streetman has said…

[ad_1] JPMorgan CEO Jamie Dimon said the bank’s multibillion-dollar push into AI is already delivering results — and could just be the beginning.Dimon said in an interview with Bloomberg TV on Tuesday that the bank spends about $2 billion a year on AI and is seeing about the same amount in direct benefits.”We have shown that for $2 billion of expense, we have about $2 billion of benefit,” Dimon said. “We did this, we reduced headcount, we saved this time and money.””We know about $2 billion of actual cost saves,” he added. “It’s the tip of the iceberg.”JPMorgan has been…

[ad_1] The Gen Z job crisis isn’t stopping Sam Altman from being jealous of today’s college dropouts.”I’m envious of the current generation of 20-year-old dropouts,” the OpenAI CEO said in an interview with Rowan Cheung at the DevDay conference on Monday. “Because the amount of stuff you can build, the opportunity in this space is so incredibly wide.”He added: “I have not had, like, a real chunk of free mental space in a couple of years to think hard about what I would build, but I know that there would be a lot of cool stuff to build.”Altman dropped out…

[ad_1] Gold prices smashed past $4,000 per ounce late Tuesday, hitting an all-time high that signals investors may be bracing for turbulence ahead.Spot gold rose to $4,022.87 per ounce at 12:50 a.m. ET on Wednesday, extending a rally fueled by a potent mix of safe-haven flows, expectations of imminent Fed rate cuts, and rising geopolitical anxieties.The surge may also reflect growing unease about the simultaneous run-up in global stock markets.”Despite their recent resilience to macro data surprises, we think investors may be positioning themselves for a pullback,” the World Gold Council wrote in a Tuesday report.”This has likely helped support…

[ad_1] Chinese social media users on Weibo, a Twitter-like platform, have mixed views on Tesla’s new budget-friendly models.On Tuesday, Tesla announced affordable versions of the Model Y and Model 3. Unlike the premium versions, the standard models won’t ship with key features like leather seats, a radio, a rear screen for passengers, and the “Autosteer” feature of Tesla’s Autopilot software.The “Model Y Standard” and the “Model 3 Standard” cost $39,990 and $36,990, respectively. Both cars are about $5,000, or around 10% cheaper than their premium versions, and will be available starting next month.Some Chinese social media users, however, said they…

[ad_1] Zelda Williams, daughter of the late actor Robin Williams, has a poignant message for her father’s fans. “Please, just stop sending me AI videos of Dad. Stop believing I wanna see it or that I’ll understand. I don’t and I won’t,” she wrote in a post on her Instagram story on Monday. “If you’ve got any decency, just stop doing this to him and to me, to everyone even, full stop. It’s dumb, it’s a waste of time and energy, and believe me, it’s NOT what he’d want.” It’s probably not a coincidence that Williams was moved to post…

[ad_1] 2025-10-07T21:27:24Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. How much money you need to make to afford a studio apartment varies widely across the country. The Economist’s “Carrie Bradshaw index” ranks cities by how affordable they are for single renters. Coastal cities are the least affordable, while Sun Belt and Midwestern cities are more livable. Living…

[ad_1] Although an artificial intelligence-driven bubble has emerged in the market, there are plenty of “real projects” to which investors can still confidently allocate funds, Ritholtz Wealth Management CEO and co-founder Josh Brown said Tuesday on CNBC’s “Halftime Report.” “Of course, there’s a bubble, but … that doesn’t mean there aren’t real projects that are going to have world-transforming outcomes,” Brown said. “You shouldn’t say just because there is some speculative activity, therefore I conclude everything is speculative activity.” Investors are on tenterhooks as stocks, particularly across the AI industry, continue to notch impressive growth, even as concerns mount that…

[ad_1] “About three years from now, we’re confident we can make a very compelling $25,000 electric vehicle that’s also fully autonomous,” Elon Musk said in September 2020.It’s been just over five years since then. Are we any closer to Tesla’s new, cheaper vehicles?On Tuesday, the company rolled out a Tesla Model 3 that costs $36,990 before taxes, fees, and incentives. A new Tesla Model 3 Standard electric vehicle Tesla If we applied the US consumer price index rate to the $25,000 price in September 2020, what’s the inflation-adjusted sticker price of Musk’s prediction now?There was significantly high inflation during the…

[ad_1] After AMD and OpenAI announced an expanded partnership on Monday, the chatter immediately turned to the unusual way OpenAI would pay for its AMD purchases. It will use AMD’s own stock to do so.  To recap: OpenAI has agreed to help AMD refine its line of Nvidia competitor chips, the Instinct GPUs, as well as to purchase and deploy 6 gigawatts of compute capacity from AMD over multiple years. AMD said this deal is worth billions in revenue.  But OpenAI isn’t paying for this out of its own revenues. Instead AMD has granted OpenAI a boatload of stock warrants — up to 160 million AMD shares — which will vest in tranches as certain milestones are achieved. Those milestones include specific increases in the stock price, with the last tranche dependent on…